Republic of

CAMEROON Dr. Calistus F.

CAMEROON
Gentry
Secretary of State,
Ministry of
The Hinge of Africa

Industry, Mines and

Development

17- 18 June
CAMEROON A NEW DESTINATION
Yaounde CIF
FOR MINING INVESTMENTS IN
AFRICA

The Hinge
Yaounde, 2008 of Africa… 1
 MINERAL INDICES AND DEPOSITS
MAP OF CAMEROON
CAMEROON
The Hinge of Africa

Yaounde, 2008
Yaounde 2009 2
 The Hinge of Africa

CAMEROON

Yaounde 2009
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3
 MINERAL POTENTIAL : Bauxite
CAMEROON
• Three major deposits: Minim-matap,
Ngaoundal and Fongo-Togo
The Hinge of Africa

• Réserves estimated at more than 1

billion tons grading 44% alumina
• Many other indications identified
along the Cameroon line.

Yaounde 2009
Yaounde, 2008 4
 The Hinge of Africa

CAMEROON

Yaounde, 2008
5
 MINERAL POTENTIAL : Cobalt-Nickel
Laterite deposit with caracteristics as below:
CAMEROON
• Measured, Indicated and Inferred: 75.7Mt
Co-Ni sample
(Nkamouna area only, because there are other from Geovic
cobalt-nickeliferous non evaluated washing test
areas) 0.25% Co, 0.69% Ni,
1.33% Mn and scandium Model of the proposed nickel cobalt mine
The Hinge of Africa

proposed by GEOVIC Cameroon PLC

• Potential resource 1-2bn tonnes
of laterised Serpentinite

• Initial Production 2010

4,200t/a Cobalt Oxide
3,280t/a Nickel Oxide
45,000 t/a Mn in carbonate form
4000 pounds of scandium

Yaounde, 2008
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 Co-Ni of LOMIE Potential Resources (from historical reports)
Company ID: GEOVIC CAMEROON
CAMEROON Current
PLC (GEOCAM) / NIC(SNI)-
additional
CAMEROON: American
drilling
Private Investors/ NIC(SNI)- activities
Cameroon
Current Activities:
The Hinge of Africa

Mining permit under

development: Intensive
activities ongoing for the
construction of the mine
installations
Cost investment estimate
(CAPEX): 400 million USD
Social impact: Actually has created more
than 115 jobs for Cameroonians and 20 for
foreigners & 04 companies are used for
development activities;
•It has to generate 700 direct & 2500 indirect
jobs at the production phase. New Camp constructed by Geovic

Yaounde, 2008
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 MINERAL POTENTIAL : Iron Ore
CAMEROON
• Mbalam deposit (under exploration permit), reserves
estimation based on geological informations is 220 Mt for
more than 60 % of Fe and 570 Mt for more than 35% Fe
The Hinge of Africa

Ongoing exploration at the Mbalam iron ore

deposit by CAM IRON SUNDANCES
RESOURCES

• Kribi deposit (under exploration permit) reserves estimation

based on geological informations is 200 Mt of 35% Fe
Sinosteel is a holder of the research
permit

Yaounde, 2008
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 Iron ore of MBALLAM Potential Resources (from historical reports)

Company ID:
CAMEROON
CAM IRON SA/SUNDANCE
RESOURCES Ltd: Cameroon
private investors with
Australians partners.
The Hinge of Africa

Current Activities: Intensive

exploration has led to identified
05 prospects. Estimated reserves
on 02 prospects: 807 million tons
(including 220 million tons with
60% Fe and 587 million with 33%
Fe). A MOU has been signed
recently with Cameroon’s
Government in December 2008. A
bankable feasibility study will be
finalised at the end of 2009.

Yaounde, 2008
Yaounde 2009 9
 Iron ore of MBALLAM Potential Resources (from historical
reports) Contd.
CAMEROON
Cost investment estimate
(CAPEX): 24 million USD
The Hinge of Africa

Social impact:
Actually has created 120
temporary jobs for
Cameroonians and 45 for
foreigners (Australians,
Zambians, etc...)

Yaounde, 2008
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 Iron ore of KRIBI Potential Resources (from historical reports)

Company ID: SINOSTEELCAM:

CAMEROON
Cameroon private investors with
Chinese partners.

Current Activities: Certification of

reserve + bankable feasibility study in
order to have a mining permit.
The Hinge of Africa

Cost investment estimate

(CAPEX): 1 million USD

Social impact: Has to create 50

jobs for Cameroonians and 20 for
foreigners.

Yaounde, 2008
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 MINERAL POTENTIAL : Bauxite
CAMEROON
Three major deposits: Minim-Martap,
Ngaoundal and Fongo-Tongo. Resreves
estimated at more than 1 billion tons
grading 44% alumina. Many others
indications identified along the Cameroon
line.
Bauxites formed from lateritization of upper
The Hinge of Africa

Cretaceous and Tertiary lavas (which

cover a Precambrian granite and gneiss)
Minim Martap deposits comprised of about 40
plateaux (from 1 to 700 hectares in size)
Larger plateaus in north of region Ngaoundal
deposits comprised of only 3 bauxite
bearing plateaux

Yaounde, 2008
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 Bauxite of MINIM-MARTAP and NGAOUNDAL (from historical reports)

Company ID: Cameroon

CAMEROON
Alumina Ltd: Cameroon
private investors with
American, Dubaï and Indian
partners.
Current Activities: Intensive drilling is
The Hinge of Africa

currently going on to certify reserve +

bankable feasibility study including
infrastructure will be finalised in march
2010 in order to have a mining permit

Cost investment estimate

(CAPEX): 5-6 billion USD for
a 3.2 mtpa refinery Danielle deposit trench sampling by SEBACAM

Social impact: Has to create about 5,000 direct wage-paying jobs for
Cameroonians during the project execution phase and about 1,500-2,000
direct jobs during operations phase of the project. Development of 6,000 –
8,000 indirect jobs during project execution phase and 4,000 indirect jobs
during project operations phase.
Yaounde, 2008
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 MINERAL POTENTIAL: Titanium
CAMEROON
Akonolinga Rutile deposit: 300 millions tons at 1% TiO2
The Hinge of Africa

Aerial view of the rutile bearing flats of the nyong river

Yaounde, 2008
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 MINERAL POTENTIAL : Gold distribution
CAMEROON
• Congo Craton - Archaean Greenstone belts (South)

• Central Cameroun shear - Poli series (North)

The Hinge of Africa

• Sanaga shear - Lom series (East)

• Pan African Mobile Belt

• Placer gold

Yaounde, 2008
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 Gold Potential Resources of Batouri & Rey-Bouba
(from historical reports)

Reserves: 02 significant areas : Batouri & Rey-Bouba respectively in the EAST and
CAMEROON the NORTH provinces. Estimation and certification of reserves is the crucial task of
the current intensive exploration activities. In Batouri ‘s prospects are: 3.5km
Kambele prospect, 3km Mongonam prospect and 4.5km Amndobi prospect

Company ID: AFRICAN AURA

RESOURCES: Cameroon private
The Hinge of Africa

investors with English partners

Yaounde, 2008
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 Gold of Batouri (Kambele,Dimako and Amndobi, from
historical reports)
CAMEROON
Current Activities: Intensive
exploration ongoing for the
estimation and certification of
reserve in order to have a
mining permit.
The Hinge of Africa

Cost investment estimate

(CAPEX): 1.2 million USD

Social impact:
Actually has created 60 jobs
for Cameroonians and 20 for
foreigners.

Yaounde, 2008
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 MINERAL POTENTIAL: Diamond
Estimated Diamond Reserve in
CAMEROON
Conglomerate in Yokadouma,
Assuming All Conglomerate
Outcrops are of One Formation.
The Hinge of Africa

Yaounde, 2008
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 CAMEROON
The Hinge of Africa

Yaounde 2009
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 MOBILONG Diamond Potential Resources (from historical reports)

Division of Conglomerate Outcrops into 5 Sectors

Company ID: C& K Mining:
CAMEROON Pa
nd
je
ie

Cameroon private investors with

60
600

0
Alluvial Deposit Momiko
gui

Korean partners. 충적광상

Limo
Limokoali-
Momikogui
koal
i
ve
s
R.
C.
A

Conglomerate bi
ho
퇴적광상 Mo mitc

Current Activities: Certification of Momitchobi

To
to
bi

reserve + bankable feasibility study

Mo
bi
lo
ng
ongoing in order to have a mining permit. Mobilong de
p
Cam ilong
Mob
Totobi
The Hinge of Africa

Cost investment estimate

(CAPEX): 2 million USD 560
Nonpeda Camp
de Nonpeda

600
Social impact: Actually has
Created 60 jobs for Cameroonians
and 25 for foreigners.

Dressing
model of
Mobilong

Conglomerates
Yaounde, 2008
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 MINERAL POTENTIAL: Uranium
Cameroon Uranium Potential Resources
CAMEROON
from historical reports are very motivating.

Kitongo (Poli) Lolodorf

Deposit: Uranium (O3UO8) Uranium (O3UO8)

Estimate: 13,125 tonnes 11,000 tonnes

The Hinge of Africa

Average
Grade: 0.10% 0.10%

Historical
Source: BGR, 1985 IAEA, 1985

Other important indications are found in Nki, Badekok and Monguele

Yaounde, 2008
Yaounde 2009 21
 MEGA Uranium Corporation ongoing uranium
exploration concessions
CAMEROON
Kitongo granitic Scarp (Poli)

Teubang

Poli
The Hinge of Africa

Lolodorf Lomie

Syenites outcrop
(Lolodorf)

Yaounde, 2008
Yaounde 2009 22
 Company ID: MEGA
CAMEROON
Uranium : Cameroon private
investors with South Africa
& English partners.

Current Activities: Intensive

exploration ongoing for the
The Hinge of Africa

certification of reserve in
order to have a mining
permit.
Cost investment estimate
(CAPEX): 6.4 million USD

Social impact: Actually

has created more
than100 jobs for
Cameroonians and 40 for
foreigners for the two
sites. Current drilling activities in kitongo (Poli)

Yaounde, 2008
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 EXPLORATION ACTIVITIES IN CAMEROON

CAMEROON
The Hinge of Africa

Yaounde, 2008
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 What’s the impact of mining activities on the Economic
Growth?
Mining Activities will stimulate economic growth
CAMEROON
in diverse sectors of Cameroon

Human
Resources
To involve
Insurance Thousands
The Hinge of Africa

persons
per site

Tourism

Business

Transport Banking Sector

Telecommunication
Sector Taxation

Yaounde, 2008
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 CAMEROON
The Hinge of Africa

Yaounde, 2008
Cape Town 2009 26
 CAMEROON
THANK YOU
FOR YOUR KIND
The Hinge of Africa

ATTENTION

Yaounde, 2008
Cape Town 2009 27
 Ministry Contacts
CAMEROON
Ministry of Industry, Mines and Technological Development, Yaounde , Republic of

Cameroon, Tel: +237 222 01 97 Fax: +237 222 27 04

Attn: H.E. Dr Calistus F. Gentry, Secretary of State, Email: gentrycalistus@yahoo.fr

The Hinge of Africa

Department of Mines & Geology:

Attn: MATIP Oscar, Director of Mines and Geology,

Dr NDOUGSA MBARGA Theophile, PhD, Sub-Director of Geology email: tndougsa@yahoo.fr

M. MANANGA Guillaume Sosthene, Sub-Director of Mining Activities email:

gsmananga@yahoo.fr

Yaounde, 2008
Cape Town 2009 28